GroundRules
30 V.S.A. § 105: Payment for stock with property; approved by Commission
Where this section sits in the code
- Title 30: Public Service
- Chapter 003: Public Service Corporations, Other than Railroads; Formation, Financing, Eminent Domain
When stock is issued for property other than cash, the value of the property fixed by the incorporators or stockholders must receive the approval of the Public Utility Commission.
Collected 2026-09-05T17:17:09Z. Source file · JSON